This Is Not Capitalism
Just because something is available in the consumer marketplace does not necessarily mean that it is a product of the voluntary matrix of exchange that would otherwise profit in a genuinely free market.
Just because something is available in the consumer marketplace does not necessarily mean that it is a product of the voluntary matrix of exchange that would otherwise profit in a genuinely free market.
Every single candidate should be asked to explain their answer to a basic question: what in your view is the role of government? Whatever the answer is, all existing practices of government need to be assessed in light of that.
Notwithstanding the deleterious impact of rate cuts on investment trends, the Wall Street mantra still claims that rate cuts are necessary to prevent the economy from tipping over into recession. But this claim is not supported by the evidence.
We seemed doomed to watch the same old errors unfold before our eyes, in a natural trajectory of folly from money printing to inflation to price controls, just as from universal quarantines to growing ill-health, education losses, and population demoralization.
The Trajectory of Emergency Lands on Price Controls Read More
This article explores the erosion of ownership through click-wrap agreements, the dematerialization of our assets into databases, the rise of Central Bank Digital Currencies, and The Great Taking, which threatens our control over the rest of our non-monetary assets.
In all, after $6.5 trillion of Fed money-printing during the last 16 years, the Main Street economy has nothing to write home about. And that begs the question as to where all the Fed’s endless monetary largesse actually ended up.
As the economy was crashed, the people clamored for something even better than the multiplication of loaves and fish; they wanted the printing of massive amounts of free money by the government. Nearly every politician pretended to be a messiah.
Throne and Altar: Delusional Messianic Expectations Read More
Surveillance capitalism is a business model based on the unilateral claim of human private experiences as free raw material for translation into behavioral data. The prediction and influencing of behavior, rather than goods and services, is the primary product.
Leading corporations employing the surveillance capitalism business model include Google, Amazon, and Facebook. Surveillance capitalism has now fused with the science of psychology, marketing, and algorithmic manipulation of online information that go far beyond the predictions of Huxley and Orwell.
Near-term things will get worse. Conservative Pierre Poilievre is ahead in the polls, but Canada’s government-funded media is doing everything they can to destroy him. That means more inflation, more decline, more mass migration, and rising crime.
The lockdowns amounted to the world’s largest and most elaborate economic head-fake in human history. It left the entire world less free and less prosperous. Most official institutions are manufacturing fake data to cover it all up.
Will Debt Sink the American Empire? America is “cruising” into an uncharted sea of federal debt, with a government seemingly incapable of turning it around. In other words, the uniparty has set its course, and there’s no cavalry coming.